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Gold Prices Rise in India: Check Today's Rates for 22 and 24 Carat Gold In Your City

Siddhi Jain December 22, 2024 02:15 PM

Stay Updated with Gold Rates in Your City
On December 22, 2024, gold prices in India saw an upward trend. The price of 24-carat gold, known for its exceptional purity, stood at Rs 77,450 per 10 grams, while 22-carat gold, preferred for making durable jewelry, was priced at Rs 71,000 per 10 grams.

Silver Prices

Silver was trading at Rs 91,500 per kilogram, reflecting its continued demand alongside gold.

Gold Prices Across Major Indian Cities

City	22-Carat Gold Price (Rs/10 grams)	24-Carat Gold Price (Rs/10 grams)
Delhi	71,150	77,600
Mumbai	71,000	77,450
Ahmedabad	71,050	77,500
Chennai	71,000	77,450
Kolkata	71,000	77,450
Pune	71,000	77,450
Lucknow	71,150	77,600
Bengaluru	71,000	77,450
Jaipur	71,150	77,600
Patna	71,050	77,500
Bhubaneswar	71,000	77,450
Hyderabad	71,000	77,450

What Determines Gold Prices?

Gold prices in India fluctuate daily based on several factors, including:

Global Market Trends: International gold rates and economic conditions.
Import Duties & Taxes: India imports most of its gold, making import duties crucial.
Exchange Rates: Variations in the Rupee-to-Dollar exchange rate.
Supply and Demand: Market demand, especially during festivals and weddings, heavily influences rates.

Why Gold Remains Important

Gold holds immense cultural and financial significance in India. It’s not only a trusted investment but also a vital part of celebrations, especially during weddings and festivals.

As prices shift daily, staying informed is essential for buyers, investors, and traders to make well-informed decisions in this ever-evolving market.